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Tuesday, 23 June 2009

The handbrake is still on for FOTA

The Formula One Teams' Association (FOTA) has poured cold water on suggestions from FIA president Max Mosley that the two sides are "very close" to reaching a compromise over the future of Formula One.

Speaking ahead of Sunday's British Grand Prix at Silverstone, Mosley appeared genuine when he talked of the prospect of reaching an agreement.

The 69-year-old even went so far as to suggest writs due to be served against FOTA and Ferrari on Monday would likely be delayed in the wake of conversations staged over the weekend.

However, bosses of the FOTA teams were left bemused by Mosley's remarks as they are ploughing ahead with plans for a breakaway series, regardless of whether legal action is taken against them.

McLaren team principal Martin Whitmarsh, when asked whether any progress had been made, replied: "No, I don't think so.

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